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PUBLISHER: KBV Research | PRODUCT CODE: 1432464
PUBLISHER: KBV Research | PRODUCT CODE: 1432464
LAMEA Boric Acid Market Size, Share & Trends Analysis Report By Grade, By End-use, By Country and Growth Forecast, 2023 - 2030
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The Latin America, Middle East and Africa Boric Acid Market would witness market growth of 6.6% CAGR during the forecast period (2023-2030). In the year 2026, the LAMEA market's volume is expected to surge to 92.6 kilo tonnes, showcasing a growth of 6.8% (2023-2030).
The overall push towards sustainable and eco-friendly products has influenced the development of bio-based and biodegradable materials. Boric acid has found applications in producing biodegradable plastics, aligning with the increasing demand for environmentally responsible alternatives in packaging and other industries. The heightened awareness of health and hygiene, especially in the wake of health crises, has influenced the use of boric acid in personal care products. Its antiseptic and antifungal properties make it a sought-after ingredient in skincare and haircare formulations, contributing to the trend of natural and effective personal care products.
The exploration of boric acid in nanotechnology has opened new possibilities. Nano-sized boric acid particles exhibit unique properties, leading to drug delivery and advancements in electronic components. This trend reflects a convergence of boric acid with cutting-edge technologies. Consumer preferences for natural and sustainable products extend to various industries, including cosmetics, personal care, and agriculture. The use of boric acid in these applications aligns with the trend of offering products perceived as safer, eco-friendly, and in harmony with nature.
According to the International Trade Administration, in 2020, Saudi Arabia accounted for nearly 52% of all vehicles sold in the Gulf Cooperation Council (GCC) and 35% in the MENA region. In Saudi Arabia, 556,000 vehicles were sold in 2019 and 436,000 in 2020. Thus, due to these aspects, the boric acid market will expand across the LAMEA region in upcoming years.
The Brazil market dominated the LAMEA Boric Acid Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $35 Million by 2030. The Argentina market is showcasing a CAGR of 7.7% during (2023 - 2030). Additionally, The UAE market would register a CAGR of 6.9% during (2023 - 2030).
Based on Grade, the market is segmented into Industrial, Pharmaceutical, and Others. Based on End-use, the market is segmented into Construction, Agriculture, Automotive, Electronics, Pharmaceutical & Healthcare, and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
List of Key Companies Profiled
- Rio Tinto PLC (Rio Tinto Internationals Holdings Limited)
- Rose Mill Co.
- Speed International India Pvt Ltd.
- Avantor, Inc.
- 3M Company
- Minera Santa Rita S.R.L
- Quiborax S.A.
- Gujarat Boron Derivatives Pvt. Ltd
- Eti Maden
- BASF SE
LAMEA Boric Acid Market Report Segmentation
By Grade (Volume, Killo Tonnes, USD Billion, 2019-2030)
- Industrial
- Pharmaceutical
- Others
By End User (Volume, kilo Tonnes, USD Billion, 2019-2030)
- Construction
- Agriculture
- Automotive
- Electronics
- Pharmaceutical & Healthcare
- Others
By Country (Volume, Kilo Tonnes, USD Billion, 2019-2030)
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Table of Contents
Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 LAMEA Boric Acid Market, by Grade
- 1.4.2 LAMEA Boric Acid Market, by End-Use
- 1.4.3 LAMEA Boric Acid Market, by Country
- 1.5 Methodology for the research
Chapter 2. Market at a Glance
- 2.1 Key Highlights
Chapter 3. Market Overview
- 3.1 Introduction
- 3.1.1 Overview
- 3.1.1.1 Market Composition and Scenario
- 3.1.1 Overview
- 3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Opportunities
- 3.2.3 Market Restraints
- 3.2.4 Market Challenges
- 3.3 Porter's Five Forces Analysis
Chapter 4. LAMEA Boric Acid Market by Grade
- 4.1 LAMEA Industrial Market by Country
- 4.2 LAMEA Pharmaceutical Market by Country
- 4.3 LAMEA Others Market by Country
Chapter 5. LAMEA Boric Acid Market by End-use
- 5.1 LAMEA Construction Market by Country
- 5.2 LAMEA Agriculture Market by Country
- 5.3 LAMEA Automotive Market by Country
- 5.4 LAMEA Electronics Market by Country
- 5.5 LAMEA Pharmaceutical & Healthcare Market by Country
- 5.6 LAMEA Others Market by Country
Chapter 6. LAMEA Boric Acid Market by Country
- 6.1 Brazil Boric Acid Market
- 6.1.1 Brazil Boric Acid Market by Grade
- 6.1.2 Brazil Boric Acid Market by End-use
- 6.2 Argentina Boric Acid Market
- 6.2.1 Argentina Boric Acid Market by Grade
- 6.2.2 Argentina Boric Acid Market by End-use
- 6.3 UAE Boric Acid Market
- 6.3.1 UAE Boric Acid Market by Grade
- 6.3.2 UAE Boric Acid Market by End-use
- 6.4 Saudi Arabia Boric Acid Market
- 6.4.1 Saudi Arabia Boric Acid Market by Grade
- 6.4.2 Saudi Arabia Boric Acid Market by End-use
- 6.5 South Africa Boric Acid Market
- 6.5.1 South Africa Boric Acid Market by Grade
- 6.5.2 South Africa Boric Acid Market by End-use
- 6.6 Nigeria Boric Acid Market
- 6.6.1 Nigeria Boric Acid Market by Grade
- 6.6.2 Nigeria Boric Acid Market by End-use
- 6.7 Rest of LAMEA Boric Acid Market
- 6.7.1 Rest of LAMEA Boric Acid Market by Grade
- 6.7.2 Rest of LAMEA Boric Acid Market by End-use
Chapter 7. Company Profiles
- 7.1 Rio Tinto PLC (Rio Tinto International Holdings Limited)
- 7.1.1 Company Overview
- 7.1.2 Financial Analysis
- 7.1.3 Segmental and Regional Analysis
- 7.1.4 Research & Development Expenses
- 7.1.5 SWOT Analysis
- 7.2 ROSE MILL CO.
- 7.2.1 Company Overview
- 7.2.2 SWOT Analysis
- 7.3 Minera Santa Rita S.R.L.
- 7.3.1 Company Overview
- 7.3.2 SWOT Analysis
- 7.4 Speed International India Pvt. Ltd.
- 7.4.1 Company Overview
- 7.4.2 SWOT Analysis
- 7.5 Quiborax S.A.
- 7.5.1 Company Overview
- 7.5.2 SWOT Analysis
- 7.6 Gujarat Boron Derivatives Pvt. Ltd.
- 7.6.1 Company Overview
- 7.6.2 SWOT Analysis
- 7.7 Eti Maden
- 7.7.1 Company Overview
- 7.7.2 SWOT Analysis
- 7.8 3M Company
- 7.8.1 Company Overview
- 7.8.2 Financial Analysis
- 7.8.3 Segmental and Regional Analysis
- 7.8.4 Research & Development Expense
- 7.8.5 SWOT Analysis
- 7.9 BASF SE
- 7.9.1 Company Overview
- 7.9.2 Financial Analysis
- 7.9.3 Segmental and Regional Analysis
- 7.9.4 Research & Development Expense
- 7.9.5 SWOT Analysis
- 7.10. Avantor, Inc.
- 7.10.1 Company Overview
- 7.10.2 Financial Analysis
- 7.10.3 Regional Analysis
- 7.10.4 SWOT Analysis
LIST OF TABLES
- TABLE 1 LAMEA Boric Acid Market, 2019 - 2022, USD Million
- TABLE 2 LAMEA Boric Acid Market, 2023 - 2030, USD Million
- TABLE 3 LAMEA Boric Acid Market, 2019 - 2022, Kilo Tonnes
- TABLE 4 LAMEA Boric Acid Market, 2023 - 2030, Kilo Tonnes
- TABLE 5 LAMEA Boric Acid Market by Grade, 2019 - 2022, USD Million
- TABLE 6 LAMEA Boric Acid Market by Grade, 2023 - 2030, USD Million
- TABLE 7 LAMEA Boric Acid Market by Grade, 2019 - 2022, Kilo Tonnes
- TABLE 8 LAMEA Boric Acid Market by Grade, 2023 - 2030, Kilo Tonnes
- TABLE 9 LAMEA Industrial Market by Country, 2019 - 2022, USD Million
- TABLE 10 LAMEA Industrial Market by Country, 2023 - 2030, USD Million
- TABLE 11 LAMEA Industrial Market by Country, 2019 - 2022, Kilo Tonnes
- TABLE 12 LAMEA Industrial Market by Country, 2023 - 2030, Kilo Tonnes
- TABLE 13 LAMEA Pharmaceutical Market by Country, 2019 - 2022, USD Million
- TABLE 14 LAMEA Pharmaceutical Market by Country, 2023 - 2030, USD Million
- TABLE 15 LAMEA Pharmaceutical Market by Country, 2019 - 2022, Kilo Tonnes
- TABLE 16 LAMEA Pharmaceutical Market by Country, 2023 - 2030, Kilo Tonnes
- TABLE 17 LAMEA Others Market by Country, 2019 - 2022, USD Million
- TABLE 18 LAMEA Others Market by Country, 2023 - 2030, USD Million
- TABLE 19 LAMEA Others Market by Country, 2019 - 2022, Kilo Tonnes
- TABLE 20 LAMEA Others Market by Country, 2023 - 2030, Kilo Tonnes
- TABLE 21 LAMEA Boric Acid Market by End-use, 2019 - 2022, USD Million
- TABLE 22 LAMEA Boric Acid Market by End-use, 2023 - 2030, USD Million
- TABLE 23 LAMEA Boric Acid Market by End-use, 2019 - 2022, Kilo Tonnes
- TABLE 24 LAMEA Boric Acid Market by End-use, 2023 - 2030, Kilo Tonnes
- TABLE 25 LAMEA Construction Market by Country, 2019 - 2022, USD Million
- TABLE 26 LAMEA Construction Market by Country, 2023 - 2030, USD Million
- TABLE 27 LAMEA Construction Market by Country, 2019 - 2022, Kilo Tonnes
- TABLE 28 LAMEA Construction Market by Country, 2023 - 2030, Kilo Tonnes
- TABLE 29 LAMEA Agriculture Market by Country, 2019 - 2022, USD Million
- TABLE 30 LAMEA Agriculture Market by Country, 2023 - 2030, USD Million
- TABLE 31 LAMEA Agriculture Market by Country, 2019 - 2022, Kilo Tonnes
- TABLE 32 LAMEA Agriculture Market by Country, 2023 - 2030, Kilo Tonnes
- TABLE 33 LAMEA Automotive Market by Country, 2019 - 2022, USD Million
- TABLE 34 LAMEA Automotive Market by Country, 2023 - 2030, USD Million
- TABLE 35 LAMEA Automotive Market by Country, 2019 - 2022, Kilo Tonnes
- TABLE 36 LAMEA Automotive Market by Country, 2023 - 2030, Kilo Tonnes
- TABLE 37 LAMEA Electronics Market by Country, 2019 - 2022, USD Million
- TABLE 38 LAMEA Electronics Market by Country, 2023 - 2030, USD Million
- TABLE 39 LAMEA Electronics Market by Country, 2019 - 2022, Kilo Tonnes
- TABLE 40 LAMEA Electronics Market by Country, 2023 - 2030, Kilo Tonnes
- TABLE 41 LAMEA Pharmaceutical & Healthcare Market by Country, 2019 - 2022, USD Million
- TABLE 42 LAMEA Pharmaceutical & Healthcare Market by Country, 2023 - 2030, USD Million
- TABLE 43 LAMEA Pharmaceutical & Healthcare Market by Country, 2019 - 2022, Kilo Tonnes
- TABLE 44 LAMEA Pharmaceutical & Healthcare Market by Country, 2023 - 2030, Kilo Tonnes
- TABLE 45 LAMEA Others Market by Country, 2019 - 2022, USD Million
- TABLE 46 LAMEA Others Market by Country, 2023 - 2030, USD Million
- TABLE 47 LAMEA Others Market by Country, 2019 - 2022, Kilo Tonnes
- TABLE 48 LAMEA Others Market by Country, 2023 - 2030, Kilo Tonnes
- TABLE 49 LAMEA Boric Acid Market by Country, 2019 - 2022, USD Million
- TABLE 50 LAMEA Boric Acid Market by Country, 2023 - 2030, USD Million
- TABLE 51 LAMEA Boric Acid Market by Country, 2019 - 2022, Kilo Tonnes
- TABLE 52 LAMEA Boric Acid Market by Country, 2023 - 2030, Kilo Tonnes
- TABLE 53 Brazil Boric Acid Market, 2019 - 2022, USD Million
- TABLE 54 Brazil Boric Acid Market, 2023 - 2030, USD Million
- TABLE 55 Brazil Boric Acid Market, 2019 - 2022, Kilo Tonnes
- TABLE 56 Brazil Boric Acid Market, 2023 - 2030, Kilo Tonnes
- TABLE 57 Brazil Boric Acid Market by Grade, 2019 - 2022, USD Million
- TABLE 58 Brazil Boric Acid Market by Grade, 2023 - 2030, USD Million
- TABLE 59 Brazil Boric Acid Market by Grade, 2019 - 2022, Kilo Tonnes
- TABLE 60 Brazil Boric Acid Market by Grade, 2023 - 2030, Kilo Tonnes
- TABLE 61 Brazil Boric Acid Market by End-use, 2019 - 2022, USD Million
- TABLE 62 Brazil Boric Acid Market by End-use, 2023 - 2030, USD Million
- TABLE 63 Brazil Boric Acid Market by End-use, 2019 - 2022, Kilo Tonnes
- TABLE 64 Brazil Boric Acid Market by End-use, 2023 - 2030, Kilo Tonnes
- TABLE 65 Argentina Boric Acid Market, 2019 - 2022, USD Million
- TABLE 66 Argentina Boric Acid Market, 2023 - 2030, USD Million
- TABLE 67 Argentina Boric Acid Market, 2019 - 2022, Kilo Tonnes
- TABLE 68 Argentina Boric Acid Market, 2023 - 2030, Kilo Tonnes
- TABLE 69 Argentina Boric Acid Market by Grade, 2019 - 2022, USD Million
- TABLE 70 Argentina Boric Acid Market by Grade, 2023 - 2030, USD Million
- TABLE 71 Argentina Boric Acid Market by Grade, 2019 - 2022, Kilo Tonnes
- TABLE 72 Argentina Boric Acid Market by Grade, 2023 - 2030, Kilo Tonnes
- TABLE 73 Argentina Boric Acid Market by End-use, 2019 - 2022, USD Million
- TABLE 74 Argentina Boric Acid Market by End-use, 2023 - 2030, USD Million
- TABLE 75 Argentina Boric Acid Market by End-use, 2019 - 2022, Kilo Tonnes
- TABLE 76 Argentina Boric Acid Market by End-use, 2023 - 2030, Kilo Tonnes
- TABLE 77 UAE Boric Acid Market, 2019 - 2022, USD Million
- TABLE 78 UAE Boric Acid Market, 2023 - 2030, USD Million
- TABLE 79 UAE Boric Acid Market, 2019 - 2022, Kilo Tonnes
- TABLE 80 UAE Boric Acid Market, 2023 - 2030, Kilo Tonnes
- TABLE 81 UAE Boric Acid Market by Grade, 2019 - 2022, USD Million
- TABLE 82 UAE Boric Acid Market by Grade, 2023 - 2030, USD Million
- TABLE 83 UAE Boric Acid Market by Grade, 2019 - 2022, Kilo Tonnes
- TABLE 84 UAE Boric Acid Market by Grade, 2023 - 2030, Kilo Tonnes
- TABLE 85 UAE Boric Acid Market by End-use, 2019 - 2022, USD Million
- TABLE 86 UAE Boric Acid Market by End-use, 2023 - 2030, USD Million
- TABLE 87 UAE Boric Acid Market by End-use, 2019 - 2022, Kilo Tonnes
- TABLE 88 UAE Boric Acid Market by End-use, 2023 - 2030, Kilo Tonnes
- TABLE 89 Saudi Arabia Boric Acid Market, 2019 - 2022, USD Million
- TABLE 90 Saudi Arabia Boric Acid Market, 2023 - 2030, USD Million
- TABLE 91 Saudi Arabia Boric Acid Market, 2019 - 2022, Kilo Tonnes
- TABLE 92 Saudi Arabia Boric Acid Market, 2023 - 2030, Kilo Tonnes
- TABLE 93 Saudi Arabia Boric Acid Market by Grade, 2019 - 2022, USD Million
- TABLE 94 Saudi Arabia Boric Acid Market by Grade, 2023 - 2030, USD Million
- TABLE 95 Saudi Arabia Boric Acid Market by Grade, 2019 - 2022, Kilo Tonnes
- TABLE 96 Saudi Arabia Boric Acid Market by Grade, 2023 - 2030, Kilo Tonnes
- TABLE 97 Saudi Arabia Boric Acid Market by End-use, 2019 - 2022, USD Million
- TABLE 98 Saudi Arabia Boric Acid Market by End-use, 2023 - 2030, USD Million
- TABLE 99 Saudi Arabia Boric Acid Market by End-use, 2019 - 2022, Kilo Tonnes
- TABLE 100 Saudi Arabia Boric Acid Market by End-use, 2023 - 2030, Kilo Tonnes
- TABLE 101 South Africa Boric Acid Market, 2019 - 2022, USD Million
- TABLE 102 South Africa Boric Acid Market, 2023 - 2030, USD Million
- TABLE 103 South Africa Boric Acid Market, 2019 - 2022, Kilo Tonnes
- TABLE 104 South Africa Boric Acid Market, 2023 - 2030, Kilo Tonnes
- TABLE 105 South Africa Boric Acid Market by Grade, 2019 - 2022, USD Million
- TABLE 106 South Africa Boric Acid Market by Grade, 2023 - 2030, USD Million
- TABLE 107 South Africa Boric Acid Market by Grade, 2019 - 2022, Kilo Tonnes
- TABLE 108 South Africa Boric Acid Market by Grade, 2023 - 2030, Kilo Tonnes
- TABLE 109 South Africa Boric Acid Market by End-use, 2019 - 2022, USD Million
- TABLE 110 South Africa Boric Acid Market by End-use, 2023 - 2030, USD Million
- TABLE 111 South Africa Boric Acid Market by End-use, 2019 - 2022, Kilo Tonnes
- TABLE 112 South Africa Boric Acid Market by End-use, 2023 - 2030, Kilo Tonnes
- TABLE 113 Nigeria Boric Acid Market, 2019 - 2022, USD Million
- TABLE 114 Nigeria Boric Acid Market, 2023 - 2030, USD Million
- TABLE 115 Nigeria Boric Acid Market, 2019 - 2022, Kilo Tonnes
- TABLE 116 Nigeria Boric Acid Market, 2023 - 2030, Kilo Tonnes
- TABLE 117 Nigeria Boric Acid Market by Grade, 2019 - 2022, USD Million
- TABLE 118 Nigeria Boric Acid Market by Grade, 2023 - 2030, USD Million
- TABLE 119 Nigeria Boric Acid Market by Grade, 2019 - 2022, Kilo Tonnes
- TABLE 120 Nigeria Boric Acid Market by Grade, 2023 - 2030, Kilo Tonnes
- TABLE 121 Nigeria Boric Acid Market by End-use, 2019 - 2022, USD Million
- TABLE 122 Nigeria Boric Acid Market by End-use, 2023 - 2030, USD Million
- TABLE 123 Nigeria Boric Acid Market by End-use, 2019 - 2022, Kilo Tonnes
- TABLE 124 Nigeria Boric Acid Market by End-use, 2023 - 2030, Kilo Tonnes
- TABLE 125 Rest of LAMEA Boric Acid Market, 2019 - 2022, USD Million
- TABLE 126 Rest of LAMEA Boric Acid Market, 2023 - 2030, USD Million
- TABLE 127 Rest of LAMEA Boric Acid Market, 2019 - 2022, Kilo Tonnes
- TABLE 128 Rest of LAMEA Boric Acid Market, 2023 - 2030, Kilo Tonnes
- TABLE 129 Rest of LAMEA Boric Acid Market by Grade, 2019 - 2022, USD Million
- TABLE 130 Rest of LAMEA Boric Acid Market by Grade, 2023 - 2030, USD Million
- TABLE 131 Rest of LAMEA Boric Acid Market by Grade, 2019 - 2022, Kilo Tonnes
- TABLE 132 Rest of LAMEA Boric Acid Market by Grade, 2023 - 2030, Kilo Tonnes
- TABLE 133 Rest of LAMEA Boric Acid Market by End-use, 2019 - 2022, USD Million
- TABLE 134 Rest of LAMEA Boric Acid Market by End-use, 2023 - 2030, USD Million
- TABLE 135 Rest of LAMEA Boric Acid Market by End-use, 2019 - 2022, Kilo Tonnes
- TABLE 136 Rest of LAMEA Boric Acid Market by End-use, 2023 - 2030, Kilo Tonnes
- TABLE 137 key Information - Rio Tinto PLC
- TABLE 138 Key Information - Rose Mill Co.
- TABLE 139 Key Information - Minera Santa Rita S.R.L.
- TABLE 140 Key Information - speed international india pvt. ltd.
- TABLE 141 Key Information - quiborax S.A.
- TABLE 142 Key Information - Gujarat Boron derivatives pvt. ltd.
- TABLE 143 Key Information - eti maden
- TABLE 144 Key Information - 3M Company
- TABLE 145 Key Information - BASF SE
- TABLE 146 Key Information - Avantor, Inc.
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